Thai May headline CPI jumps 7.1% y/y, beats forecast -Breaking
[ad_1]
© Reuters. FILE PHOTO – People in face masks shop in Chinatown for street food during the outbreak of coronavirus (COVID-19), in Bangkok, Thailand on January 6, 2021. REUTERS/Athit Perawongmetha/File Photos/File Photograph(Adds dropped “CPI” in headline)
BANGKOK (Reuters – Thailand’s headline consumer price indicator (CPI) increased faster than predicted by 7.10% in may compared with a year prior, according to Monday’s statement from the commerce ministry.
This compares to a forecast increase of 5.78% as per a Reuters poll, and follows April’s 4.65% rise. Core CPI Index was also up 2.8% from the previous year, beating expectations for a 2.2% increase.
[ad_2]